PPP Loan information for Chips network, inc

$102,300

Chips network, inc was initially approved for PPP Loan of amount $102,300, the current approved amount is $102,300. The loan was approved on 04/15/2020 by The First United Bank & Trust reported 7 jobs and $102,300 was used to fund payroll.

Chips network, inc is Existing or more than 2 years old

PPP Loan Search / MD / OAKLAND / Chips network, inc

CHIPS NETWORK, INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHIPS NETWORK, INC

Borrower Address

12978 Garrett Hwy

Borrower City

OAKLAND

Borrower State

MD

Borrower Zip

21550-1165

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102300.00

Current Approval Amount

102300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

GARRETT

Project State

MD

Project Zip

21550-1165

CD

MD-06

Jobs Reported

7

NAICS Code

811212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102919.48

Forgiveness Date

11/27/2020

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